Porting A Mortgage | Moving A Mortgage To Another Property

When you have a mortgage on your property, many mortgage plans have what is known as early repayment charges (ERC`s) this means that if you are moving home and your mortgage is not portable this may be applicable. Ensuring your mortgage is portable is an important consideration when looking to get a mortgage, here at First Choice Finance we have a number of portable mortgages that will enable you to move your mortgage plan to another property even if you are not at the end of your mortgage period.

Can I Switch My Mortgage When I Move House
In most instances if you move the mortgage to another lender there is often an ERC to pay, if you are looking at moving house contact us at First Choice Finance and one of our dedicated mortgage advisers can help you through the processing of transferring your mortgage.

Established 1988, we put the knowledge and experience in the mortgage industry to work for you, offering a large number of programs to suit most borrowing need.

We offer a wide variety of mortgages, the convenience of the Internet and the heritage of a trusted licensed mortgage broker with an excellent long time reputation. Our senior mortgage consultants have many years of mortgage experience and will work with you one-on-one to customize a financing solution for you.

We couple outstanding customer service with unmatched mortgage industry and products knowledge to ensure that your experience is a pleasant one. We offer residential home financing from 10,000 to £1,000,000 for property all across the UK.

Refinancing and consolidating your debt with an First Choice Finance loan or mortgage can lower the total amount you pay out each month. You can even arrange to have extra cash. Here are some reasons you may want to think about:

Consolidate Your High Interest Debt
Consolidate high interest debt such as credit cards. Your overall monthly payments will be reduced and may even be tax deductible.

Get Extra Cash
Refinancing can give you extra cash for the things you`ve always wanted to do. Like taking that long-deserved vacation, or paying for a university education. It`s your choice.

Home Improvement Loans / Mortgage
Fix the roof, purchase new kitchen cabinets, or remodel to increase the value of your home.

Refinancing Current Property For Another Property
If you are looking at buying a second property then First Choice Finance have alternatives to remortgaging, a second mortgage or secured loan can be used to release equity from your property to be used to buy another house or used for home improvements of the house.

Looking to port your mortgage contact First Choice Finance and speak to a qualified mortgage adviser.

Mortgages & Remortgages 8.4% APRC. Representative Example: Borrow £120,000 over 25 years at 5.99%, £778.86 pcm fixed for 3 years at 60% LTV. Then at 8.75%, £974.86 pcm, variable for 22 years. Total payable £286,416. Total cost of credit £166,416 (including: £985 broker fee, £999 lender fee & £164,432 interest)

Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

Established In 1988. Company Registration Number 2316399. Authorised & Regulated By The Financial Conduct Authority (FCA). Firm Reference Number 302981. Mortgages & Homeowner Secured Loans Are Secured On Your Home. We Advice Upon & Arrange Mortgages & Loans. We Are Not A Lender.

First Choice Finance is a trading style of First Choice Funding Limited of 54, Wybersley Road, High Lane, Stockport, SK6 8HB. Copyright protected.